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  • #372,441
  • Jan 25, 2011 6:05pm Jan 25, 2011 6:05pm
Quoting gatorinla
sometimes it will blow over it a few times before big money builds at them.. build lines with the levels on the chart sent to streeright. place those levels on a chart and judge for yourself since june 2008 and a little earlier. also add the mids.. between the lines levels. use bigger tf .. let me know what you see,
Respect to you.
  • #372,442
  • Jan 25, 2011 6:06pm Jan 25, 2011 6:06pm
Quoting hkkhanus
Gator, do you think it will make it to the uper TL on weekly?
dono... tonight may be a good time to beat the kids and kiss the wife's girlfriend. got a speech tonight and fed comments tomorrow.
those who can, do. those who cant, talk about those who can
  • #372,443
  • Jan 25, 2011 6:08pm Jan 25, 2011 6:08pm
i like the idea of kissing wife's girlfriend more

Quoting gatorinla
dono... tonight may be a good time to beat the kids and kiss the wife's girlfriend. got a speech tonight and fed comments tomorrow.
  • #372,444
  • Jan 25, 2011 6:11pm Jan 25, 2011 6:11pm
Quoting gatorinla
dono... tonight may be a good time to beat the kids and kiss the wife's girlfriend. got a speech tonight and fed comments tomorrow.
yep, spot on, sans the kids. i don't like to get in the way, when asia does its monthly roll-over.

actually, well... good night
  • #372,445
  • Jan 25, 2011 6:12pm Jan 25, 2011 6:12pm
d1 : up
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  • #372,446
  • Jan 25, 2011 6:14pm Jan 25, 2011 6:14pm
Quoting Mr Hatch
unless you position yourself in a relatively safe place, that's the right and only thing to do.

account-balance on my asia-account:
Is that a Zimbabwe dollar account.
  • #372,447
  • Jan 25, 2011 6:32pm Jan 25, 2011 6:32pm
Trading with chopsticks ...
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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #372,448
  • Jan 25, 2011 6:45pm Jan 25, 2011 6:45pm
Does it look like cup and handle on GU H4 chart???
does anyone else see the same on there chart?
comments would be much appreciated?

HK
  • #372,449
  • Jan 25, 2011 6:48pm Jan 25, 2011 6:48pm
Quoting vox dei
EDIT: Actually, no. Short would have been @ 1:55 AM GMT (20:55 PM EST).
And would not that one have been covered or taken long around 04:45EST at S1 = 1.3596? I was referring to the R1 level later in the trading day as the one without subsequent support touch.
  • #372,450
  • Jan 25, 2011 6:48pm Jan 25, 2011 6:48pm
Quoting hkkhanus
Does it look like cup and handle on GU H4 chart???
does anyone else see the same on there chart?
comments would be much appreciated?

HK
Can u explain to me what you are talkin about when you say u see a cup and handle , does this mean it may go up or a chance for a down move , Thanks as I am new to forex , thanks
  • #372,451
  • Jan 25, 2011 7:01pm Jan 25, 2011 7:01pm
have a current support at 3650. only a strong move will kill it
those who can, do. those who cant, talk about those who can
  • #372,452
  • Jan 25, 2011 7:28pm Jan 25, 2011 7:28pm
I am in the learning phase myself buddy, I was asking on here coz it looked like cup and handle to me but just been told by someone that its not as it doesnt have continuation.
you can read more about it here if you want http://stockcharts.com/help/doku.php...th_handle_cont

hk

Quoting cowboypips
Can u explain to me what you are talkin about when you say u see a cup and handle , does this mean it may go up or a chance for a down move , Thanks as I am new to forex , thanks
  • #372,453
  • Jan 25, 2011 7:37pm Jan 25, 2011 7:37pm
Quoting hkkhanus
I am in the learning phase myself buddy, I was asking on here coz it looked like cup and handle to me but just been told by someone that its not as it doesnt have continuation.
you can read more about it here if you want http://stockcharts.com/help/doku.php...th_handle_cont

hk
Thank you ! I am workin on takin better trades myself ! LOL !
Thanks
SR
  • #372,454
  • Jan 25, 2011 7:52pm Jan 25, 2011 7:52pm
Quoting OldQuant
And would not that one have been covered or taken long around 04:45EST at S1 = 1.3596? I was referring to the R1 level later in the trading day as the one without subsequent support touch.
I suppose that could be a valid short entry depending on the set of camarilla rules followed. Personally, I would not have taken that short, partly due to fact that the levels/rules I follow although inspired in camarilla, are not camarilla per se. These are the work of a three man crew, myself included.

We've found two ways of successfully trading these levels. I'll try to summarize it:

1) Breakout strategy: Pick a direction for the day and enter only once. I will explain the rules for a buy day. S1 theoretically catches fakeouts and R2 theoretically catches breakouts. These are the two possible buy entries with stops at S2 and R1 respectively. TPs differ according to entry. Entry at S1 then TP1 is R1 and TP2 is daily session close, and entry at R2 then TP1 is R3 and TP2 is daily session close.

2) Range strategy: Each time S1 is touched you buy, stop is placed at S2, and the only target is R1. Assuming R1 is hit not only do you take your profit there, but you also enter with a sell order.

The breakout strategy is more consistent and requires less effort. Those being the main reasons we trade it exclusively.

Hope that was helpful.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #372,455
  • Jan 25, 2011 7:57pm Jan 25, 2011 7:57pm
the signals are mixed. long term i see it bearish but short possibly medium term i think bulls are not done and there might be more to the upside.
1.3650 area was a tough nut and if we get a weekly close above it then i don't see any other level up to 1.3940 at least. but we are inside a resistance area that goes up to 1.4281, maybe even 1.4330 which is 2009 close.
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Nihil Sine Deo.
  • #372,456
  • Jan 25, 2011 8:14pm Jan 25, 2011 8:14pm
>>>1.3740
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  • #372,457
  • Jan 25, 2011 8:28pm Jan 25, 2011 8:28pm
This should be swift and painful.
  • #372,458
  • Jan 25, 2011 8:40pm Jan 25, 2011 8:40pm
Quoting cowboypips
Can u explain to me what you are talkin about when you say u see a cup and handle , does this mean it may go up or a chance for a down move , Thanks as I am new to forex , thanks
It's a bullish continuation pattern. Try google.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #372,459
  • Jan 25, 2011 8:41pm Jan 25, 2011 8:41pm
Quoting buonvangvn
>>>1.3740


Not Yet, I don't think so.... maybe it will happen in London session
  • #372,460
  • Jan 25, 2011 8:45pm Jan 25, 2011 8:45pm
Quoting vox dei
It's a bullish continuation pattern. Try google.
what tf?
those who can, do. those who cant, talk about those who can
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